One of the characteristics of the poor is that they are

a. more likely to be employed in the modern industrial sector.
b. more likely to come from small families.
c. more likely to be well educated.
d. more likely to live in a rural area.


Answer: d. more likely to live in a rural area.

Economics

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Public goods are usually provided by:

a. private industry. b. the government. c. private citizens. d. internal markets e. local industry.

Economics

A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year,

$10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent? a. Option A b. Option B c. Option C d. Option D

Economics

The official poverty rate for all persons declined sharply between 1959 and:

A. the 2000s. B. the 1970s. C. the 1980s. D. the 1990s.

Economics

Suppose that the rate of inflation in Japan is 1 percent and the rate of inflation in the United States is 3 percent. If the real exchange rate remains constant, the value of the U.S. dollar relative to the yen must:

A. fall by 2 percent. B. fall by 4 percent. C. rise by 4 percent. D. rise by 2 percent.

Economics